The European Union and the US believe they can agree a trade deal before July 9 , the deadline by which Washington is threatening to impose 50% tariffs on almost all EU products — which would trigger a series of countermeasures from the bloc.

President Trump said the United States would send out letters telling other countries “what they have to pay,” even as other officials said negotiations could be extended past a July deadline.

The EU and US face a July 9 deadline to resolve trade tensions and finalize trade deal to avoid tariffs that could disrupt global markets.